• Repoter 11
• 11 Sep, 2026

You are better off with your N5,000 share than selling your PVC for N10,000 or N15,000 and consuming it,” Rewane said.

He said the Dangote Refinery IPO could provide an opportunity to move Nigerians, particularly those at the lower end of the income scale, from short-term consumption towards long-term investment.

According to Rewane, the scale of participation being targeted by the IPO could represent a significant development for Nigeria’s investment landscape.

“The reality is that targeting 10 million investors is also a milestone,” he said.